A Penny Saved is A Penny Earned

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Meaning:

A Penny Saved is A Penny Earned means that it is as useful to save money that you already have as it is to earn more.

"A penny saved, is a penny earned."

Origin:

This phrase has been around for a while and has changed a bit as our language has changed, you might see it as 'penny got' or 'penny gained' instead of 'earned' but, no matter how it is said or spelled it always means the same thing, it is easier to save the money that you have than to go out and make more.

The first recorded history is as early as 1633 in George Herbert's Outlandish Proverbs, it reads:

"A penny spar'd is twice got."

Benjamin Franklin one of the United States’ founding Fathers reportedly designed the first American penny in 1787. Along with the first U.S. penny’s design, the phrase “a penny saved is a penny earned” has been attributed to Benjamin Franklin. Visitors to his grave in Philadelphia traditionally leave one-cent pieces there for good luck.

Example:

Today we still use the phrase to say, save your money and don’t spend it all. An example sentence is:

“Being a financial consultant, she always advises people to save money. She says to her clients quite often that a penny saved is a penny earned,”

Watch this on YouTube here - Penny Video - YouTube Video

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